IBT Staff Reporter

Author and lawyer Michael Young jokes about the days when it took more time to get some companies' financial statements than it did for Columbus to discover America.

Stagnant growth in Europe's powerhouse Germany knocked stocks lower on Tuesday and hit the euro, adding to investor fears that the world economy is slowing more than expected.

Veteran Indian social activist Anna Hazare was detained by police at his home on Tuesday to prevent him from defying authorities with a fast to the death to force a beleaguered government to pass tougher laws against corruption.

The euro slipped further on Tuesday and European stock futures fell after data showed Germany's economy hardly grew in the second quarter, adding to global uncertainties ahead of French-German talks on the euro zone's worsening debt crisis.

Australia's Qantas Airways is setting up two new airlines in Asia and ordering $9 billion of new Airbus aircraft as part of a do-or-die makeover to salvage its loss-making international business.

Suspicious packages filled with white powder were sent to the Alaska offices of the state's three-member congressional delegation on Monday, authorities said.

China's long-term plan to cut reliance on investment as a growth engine is clashing with its short-term need for protection against a worsening global outlook.

The in-flight entertainment on some planes run by Australian airline Qantas currently contains a somewhat unusual offering -- a movie that purports to elucidate the mysteries of female sexual pleasure.

It has been seven years since the second installment of "Bridget Jones' Diary" hit the screens. Renee Zellweger is once again going to fill the shoes of the overweight single who is always unlucky in love.

German gross domestic product growth slowed more than expected in the second quarter, weighed by a negative trade balance, flagging consumption and weak construction investment, the statistics office said.

German gross domestic product growth slowed more than expected in the second quarter, weighed by a negative trade balance, flagging consumption and weak construction investment, the statistics office said.

The World Bank chief Tuesday called for national governments to seek long-term debt curbs to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.

Google Inc.'s biggest deal ever, acquiring Motorola Mobility Holdings Inc for $12.5 billion, is an attempt to buy insurance against increasingly aggressive legal attacks from rivals such as Apple Inc.

The BSE Sensex rose 0.73 percent on Tuesday, mirroring global market gains, after a takeover news lifted Wall Street overnight and as the Japanese economy shrank much less than expected.

German gross domestic product growth slowed more than expected in the second quarter, dropping to 0.1 percent in seasonally adjusted terms from a revised 1.3 percent in the first three months of the year, data showed.

The World Bank called for national governments to seek long-term debt curbs on Tuesday to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.

Asian stock markets rose Tuesday after Wall Street shares climbed for a third straight session, but the euro slipped ahead of talks between French and German leaders on possible further measures to contain Europe's debt crisis.

The acquisition of one of the mobile telecommunications industry's most storied names is Google co-founder Larry Page's boldest move since taking over as CEO in April, launching the Internet giant into a lower-margin manufacturing business and pitting it against many of the 38 other handset companies that now use its Android software.

The World Bank called for national governments to seek long-term debt curbs on Tuesday to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.

A Louisiana man decapitated and dismembered his disabled 7-year-old son and left the boy's head on the street so the child's mother would see it, authorities said Monday.

Turning around a prolonged U.S. sales slump is key to Wal-Mart Stores Inc's success, and Tuesday's results will show if the retailer's strategies to mend its biggest business have really started to pay off.

A few dozen protesters turned out on Monday for a San Francisco rally organized by the hacker group Anonymous to protest alleged police brutality and what they called anti-free speech tactics by authorities.

Google Inc's biggest deal ever, acquiring Motorola Mobility Holdings Inc for $12.5 billion, is an attempt to buy insurance against increasingly aggressive legal attacks from rivals such as Apple Inc.

Examiners at the U.S. Securities and Exchange Commission are checking to ensure that Standard & Poor's followed all of its policies leading up to its downgrade of long-term U.S. debt, according to people familiar with the matter.

Research in Motion and Microsoft Corp are emerging as potential winners after Google Inc said it would buy Motorola Mobility for $12.5 billion.

Australia's Qantas Airways unveiled plans on Tuesday to set up two new Asia-focused airlines and launch a $9 billion-plus fleet upgrade, part of a do-or-die makeover that also gives a major boost to plane maker Airbus .

Former employees of elite Wall Street firms are triumphing over their previous investment banks in Google Inc's blockbuster $12.5 billion deal to buy Motorola Mobility Holdings Inc.

Hackers, holiday season sales and casual gaming are expected to be in the spotlight at Gamescom, Europe's biggest video game trade fair, which throws its doors open to visitors this week.

Google Inc, already the subject of antitrust inquiries, likely opened itself up to more regulatory scrutiny with its proposed $12.5 billion cash acquisition of Motorola Mobility Holdings Inc.